China can turn to Financial Warfare against United States, War in Egypt Proves

By Jonathan Raof, on July 28th, 2010

In the fall of 1956, during the Suez Canal Crisis, the world was on the brink of major international conflict. American allies, Britain and France, were engaged in a battle against Egypt over control of the Suez Canal.

The Soviet Union was threatening to intervene on the side of Egypt. America wanted to avoid military action at all costs and demanded the British and French allies withdraw from the region. When America’s request was denied, the United States turned to financial warfare. America, which at the time, owned much of English debt, threatened to sell off or dump a significant part of it’s holdings in the British Pound. This would have have effectively destroyed England’s currency.

The result, all British and French military forces withdrew from the Suez region within weeks. Some historians considered at that moment, the British Empire ceased to exist.

When we finance our deficits and debt by borrowing from other countries, China for example, the implications are dire. When we engage in this overzealous borrowing, it gives our president less flexibility in making foreign policy decisions, just as England endured, as we would have to worry about what our bankers think instead.

China knows these truths and history, and I know they have Financial Warfare in their playbook – to assume any different is ignorant.

In May 2009, the U.S. owed China $772 billion.

Rome, the longest lasting empire in the history of the world, was said to collapse for three reasons:

4 comments to China can turn to Financial Warfare against United States, War in Egypt Proves

Rome has been burning for years. If you want to hide something, hide it in plain sight. Our government has been hiding this in plain sight all this time. But, since people are not looking for it, they don’t see it and refuse to believe its existence.

Kind of like a car. A new make comes out; you don’t see it for some time until one day you recognize it. Then suddenly, everyone on the road has one. Well, no, its not suddenly, they had the car from the beginning, you just now realized it.

Here the government has been running the Federal Reserve scam and income taxes all these years. Now that the bailouts are out in the open people are aware of what is going on. It has always been there, its nothing new. You, or people, are just now recognizing it.

Yes we are burning. Yes we meet all three conditions. Yes unless we do something abut it we are doomed. I am glad you recognize it.

I think that China should dump its US debt, because it will be better for us. Imagine if foreign countries had dumped our debt years ago. We would not be in this mess today. We’d have learned our lesson, and not borrowed tons of money from all over the world that we can’t pay back without inflating the currency.

When the fires are burning AND people know it – chaos will ensue. There are a few things you can do; the easiest and most obvious is to buy gold and silver while you can.

Next, if you are in a place where you know you will remain for a few years – start a garden. When you cannot afford to buy food anymore it will be good to have it for free in your backyard. Free is better, then you don’t need to worry about government crap – only your neighbors.

Also, buy guns/ammo. There are a lot of idiots out there that do NOT know what to do. They will be the first to create chaos out of nothing. You will need to be able to protect yourself and your family.

Find some survivalist guides. These are a great help for people making preparations now.

If you can create a like-minded community of people in your neighborhood to work on the same things – do it – there is security in numbers when chaos arrives.